SELA is a regional intergovernmental organization that groups 28 Latin American and Caribbean countries.
SELA was established on 17 October 1975 by the Panama Convention and its current membership includes 28 Member States.
It aims to provide the Latin American and Caribbean region with a system of consultation and coordination for the adoption of common positions and strategies on economic issues in international bodies and forums and before third countries and groups of countries and foster cooperation and integration among the countries of Latin America and the Caribbean.